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. >> how they can justify raising taxes on the middle-class has been varied the last four years. >> reporter: it didn't take long for paul ryan to pounce on that comment. >> vice president biden just today said that the middle-class, over the last four years has been, quote, buried. we agree. that means, we need to stop digging by electing mitt romney. >> reporter: the latest abc news/"washington post" poll shows the race for president is still very close, which means every word and gesture tonight could impact the election. brandi hitt, abc news, denver. >> thanks to brandi hitt. abc's coverage of tonight's debate begins at 9:00 eastern, 6:00 pacific. >>> now, we turn to the trouble at american airlines. and actually progress on two fronts this morning. there is new movement in the bitter labor dispute between the airline and its pilots union. and also, the mystery of the seats that came loose during three, separate flights may have been solved. abc's tahman bradley is tracking all of the developments. good morning, tahman. that safety issue with those loose seats. what are we hearing now?
. >> how they can justify raising taxes on the middle-class has been varied the last four years. >> reporter: it didn't take long for paul ryan to pounce on that comment. >> vice president biden just today said that the middle-class, over the last four years has been, quote, buried. we agree. that means, we need to stop digging by electing mitt romney. >> reporter: the latest abc news/"washington post" poll shows the race for president is still very close,...
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would you give up the mortgage tax deduction for a lower tax rate? log on to gerriwillis.com, vote on the right hand side of the screen and all share the results of the end of tonight's show. coming up later, you will not want to miss this. joins us with his preview of tonight's debate and there will be a huge windfall for the government but a hit to your pocketbook. find out how much more un nearly every other american will be paying uncle sam if we drive over the fiscal cliff in january. nearly 1 billion people around the world don't have enough food to survive. we can't let this happen. there is something we can do about it. please join christina aguilera and yum! brands in the movement to fight world hunger by supporting the united nations world food programme. for more information, go to fromhungertohope.com. your contribution will feed children and save lives. together, we can stop the dying and start the living. and together, we can move people from hunger to hope. and together, we can move people why they're always there to talk. i love you,
would you give up the mortgage tax deduction for a lower tax rate? log on to gerriwillis.com, vote on the right hand side of the screen and all share the results of the end of tonight's show. coming up later, you will not want to miss this. joins us with his preview of tonight's debate and there will be a huge windfall for the government but a hit to your pocketbook. find out how much more un nearly every other american will be paying uncle sam if we drive over the fiscal cliff in january....
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lana tweeted us i would like to hear the 20 percent tax plan of romney and ryan. they need to give up some specifics. >> mike said i would like for them to sincerely answer our questions and not go off on their political talking points. that's a good one, mike. >> thanks everyone who responded keep those comments coming. don't forget fox's coverage starts live at 8:55 with megyn kelly and bret baier. we will have all of the highlights here on fox and friends first tomorrow morning. >>> 8 minutes to the top of the hour. a dog finding himself in an unwanted joy ride. how he became stuck under the hood. >> can you figure out our word of the day? stick around for the answer. we sa that last tide commercial with the parts and the cute litt baby triplets... well wait until your triplets move back home after colle. we were enjoying our empty nest. and now it's just a nest full of laundry lucky underwear. we were going through so much of that bargain detergent... and the clothes didn't look as good. but since we switched to tide, we use much less. their clothes are lookin
lana tweeted us i would like to hear the 20 percent tax plan of romney and ryan. they need to give up some specifics. >> mike said i would like for them to sincerely answer our questions and not go off on their political talking points. that's a good one, mike. >> thanks everyone who responded keep those comments coming. don't forget fox's coverage starts live at 8:55 with megyn kelly and bret baier. we will have all of the highlights here on fox and friends first tomorrow morning....
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he wants to give tax cuts to people over to -- 250. repeal the estate tax and he said he also wants to increase spending for the defense industry. so i don't -- it's right there. this is what he has been running on. he says this will spark economic revival. >> so we don't know is what the president will run on. lou: we do know. he has to run on his record. what he has done is not deliver on cutting the deficit. what he has done is create over $5 trillion in deficits. and a debt of $16 trillion in total. >> see him run his record. that is what he has done. lou: i want to understand something here. is there some way he doesn't run on his record? i'm sorry. >> for the last 20 muncie has been running and his record. lou: i'm not talking about that. i'm talking about right now. governor romney put him on his record, and that was his signature achievement. >> i promise you, what they will do, they're going to fire ever nuclear bomb they have. lou: had dirty. is that what you're saying? >> at the end of the day, the fact that the man stood on
he wants to give tax cuts to people over to -- 250. repeal the estate tax and he said he also wants to increase spending for the defense industry. so i don't -- it's right there. this is what he has been running on. he says this will spark economic revival. >> so we don't know is what the president will run on. lou: we do know. he has to run on his record. what he has done is not deliver on cutting the deficit. what he has done is create over $5 trillion in deficits. and a debt of $16...
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Oct 7, 2012
10/12
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those who do so risk losing their churches' tax-exempt status. according to a recent survey by the christian polling organization lifeway, 87% of pastors believe pastors should refrain from making political endorsements. the survey included both evangelical and mainline clergy. >>> the supreme court opened its new term on monday and a majority of the justices -- six of the nine -- attended the annual red mass, held the nday before at st. matthew's cathedral in washington. at the annual event, catholic leaders encourage the justices to draw wisdom from their faith as they make their decisions. the court is set to tackle controversial issu oncagain this term, includina case involving affirmative action at the university of texas. many religious groups are anxious to see if the court will also agree to hear arguments on same-sex marriage. >>> a leading opponent of same-sex marriage, catholic bishop salvatore cordileone, has been elevated to archbishop of san francisco. cordileone was formally installed in a ceremony on thursday. in the past, the arc
those who do so risk losing their churches' tax-exempt status. according to a recent survey by the christian polling organization lifeway, 87% of pastors believe pastors should refrain from making political endorsements. the survey included both evangelical and mainline clergy. >>> the supreme court opened its new term on monday and a majority of the justices -- six of the nine -- attended the annual red mass, held the nday before at st. matthew's cathedral in washington. at the annual...
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cut taxes and we will see growth. this is such the overstimulated economy we have so much government doesn't this change the algorithms? >> it does. the tax rate reduction is necessary but not sufficient we have to get at of the hands to read -- regulate large segments is everybody said bill the house and cut down the tree they did not say you could not do any of those under the epa. lou: obama appeals to the middle-class as he will try tonight unemployment over 8% it has ben devastating. how this the have a compelling message the shambles of the middle-class? >> he is not afraid of the truth he does not want the american people to know the work force is shrinking and it is more profitable for the american people to be on the dole and for them to go out to work that has made the workforce shrink and make it smaller. >> how does governor romney convince the people that are watching and make it compelling he could change the destiny of the correction and of the country within two minutes or maybe the rebuttal? >> he doe
cut taxes and we will see growth. this is such the overstimulated economy we have so much government doesn't this change the algorithms? >> it does. the tax rate reduction is necessary but not sufficient we have to get at of the hands to read -- regulate large segments is everybody said bill the house and cut down the tree they did not say you could not do any of those under the epa. lou: obama appeals to the middle-class as he will try tonight unemployment over 8% it has ben devastating....
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Oct 3, 2012
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/ryan tax plan will raise taxes on middle-class families with a child, one or more children by an additional $2,000 a year. how -- all kidding aside, without the boos. stop all that malarkey. this is deadly ernest, man. this is deadly ernest. how they can justify -- how they can justify raising taxes on the middle class that's been buried the last four years. how in lord's name can they justify it? >> the romney campaign picked up on that middle class being buried for the last four years during which president obama was in the white house while campaigning in iowa. paul ryan did not miss the opportunity to seize on biden's choice of words. >> vice president biden just today said that the middle class over the last four years has been, quote, buried. we agree. of course the middle class has been buried. they're being buried by regulations. they're being buried by taxes. they're being buried by borrowing. they're being buried by the obama administration's economic failures. >> the romney campaign also chimed in on twitter writing agree with joe biden. the middle class has been buried the last
/ryan tax plan will raise taxes on middle-class families with a child, one or more children by an additional $2,000 a year. how -- all kidding aside, without the boos. stop all that malarkey. this is deadly ernest, man. this is deadly ernest. how they can justify -- how they can justify raising taxes on the middle class that's been buried the last four years. how in lord's name can they justify it? >> the romney campaign picked up on that middle class being buried for the last four years...
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Sep 30, 2012
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>> such as reforming social security, medicare, higher taxes, lower taxes? >> yes. and on the table are all sorts of things that many people value a great deal and we may not be able to afford anymore. so should we have deductibility for second home mortgages? should we have deductibility for high-cost homes? should we have health insurance coverage provided by employers continue to be deductible? if so, for whom, should it be for all? and should we raise the age of entitlement, if so, to what level?" when someone says that about social programs, i want to also hear the answer to the question, "what are you doing with military spending? and how do you justify the tradeoff? we've gotta get the revenue someplace. where are you willing to cut? and if not, why not? when you're putting really valued things on the table. and simply saying that the wealthy are going to pay more doesn't solve the problem. the wealthy are going to need to pay more, but so is what most people define as the middle class, and there are going to be cuts across the board, including the military,
>> such as reforming social security, medicare, higher taxes, lower taxes? >> yes. and on the table are all sorts of things that many people value a great deal and we may not be able to afford anymore. so should we have deductibility for second home mortgages? should we have deductibility for high-cost homes? should we have health insurance coverage provided by employers continue to be deductible? if so, for whom, should it be for all? and should we raise the age of entitlement, if...
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because they've got fancy attorneys that pay very little income tax let's suppose after all i'm with you and he would argue that the dependence on reliance is not a good thing we want to help people get off that he's not saying abandon those people and it's actually not saying that more people know he's not he doesn't want to abandon the thirty percent he's saying that seventy percent right now are for that they don't want the american private and i'd like to like i would have been less really really i think everybody wants to marry the american dream that anybody actually going to say i want to know i'm smart to get in i have to change that there right but here's the problem he's not explaining it there is this is sort of this is fair politics this is the old from that one movie i forget the title of it but this is the old thing that what you should be afraid of and who's to blame for it and what they're doing is they're saying you know these people aren't paying enough you're paying more this these aren't solutions any distraction at this point the election for romney any time he's
because they've got fancy attorneys that pay very little income tax let's suppose after all i'm with you and he would argue that the dependence on reliance is not a good thing we want to help people get off that he's not saying abandon those people and it's actually not saying that more people know he's not he doesn't want to abandon the thirty percent he's saying that seventy percent right now are for that they don't want the american private and i'd like to like i would have been less really...
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how in lord's name can they justify raising their taxes with these tax cuts? >> and this is how paul ryan responded. >> i thought he was taking my speech. you know what? we agree. the middle class has been buried over the last four years. they're being buried by obama care, by borrowing, taxes, spending, more regulations, all this uncertainty plaguing businesses. the way to fix this is stop this and elect mitt romney. >> on the joe biden, gaffe meter, how big of a gaffe is this? >> joe biden gaffe meter? that's probably different. probably a six for a non-joe biden it would probably be an eight. come on, joe biden makes some great ones. you know, i thought it was interesting yesterday, the amount of conference calls that suddenly both sides engaged in after joe biden opened his mouth. after, put you back in chains comment, they took him off the stage for a few weeks and they may do that for the rest of the election. >> i want to move on to another piece of tape that's received a lot of attention over the last 24 hours or so. a tape put out by fox news, daily c
how in lord's name can they justify raising their taxes with these tax cuts? >> and this is how paul ryan responded. >> i thought he was taking my speech. you know what? we agree. the middle class has been buried over the last four years. they're being buried by obama care, by borrowing, taxes, spending, more regulations, all this uncertainty plaguing businesses. the way to fix this is stop this and elect mitt romney. >> on the joe biden, gaffe meter, how big of a gaffe is...
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my my basic problem and we can get into the calculus of how many people don't pay taxes for whatever reason my basic problem for this is that if you look at people that are struggling in this country sometimes it's not an issue of unemployment sometimes it's an issue of over employment they might have to have five jobs to get by they might have back breaking work and that work is far more tough than the people sitting pretty in the top percentage of this country that is that can get out of taxes because they've got fancy attorneys that pay very little income tax let's suppose that are armed with and he would argue that the dependence on reliance is not a good thing we want to help people get off that he's not saying abandon those people and it's actually not anything about more people now he's not he doesn't want to abandon the thirty percent he's saying that seventy percent right now are for so they don't want the american pilot i'd like to like i want to tell us how you really think everybody wants to marry the american dream that anybody actually going to say i want to know i'm ha
my my basic problem and we can get into the calculus of how many people don't pay taxes for whatever reason my basic problem for this is that if you look at people that are struggling in this country sometimes it's not an issue of unemployment sometimes it's an issue of over employment they might have to have five jobs to get by they might have back breaking work and that work is far more tough than the people sitting pretty in the top percentage of this country that is that can get out of...
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paul ryan pounced. >> of course the middle-class has been buried, buried by regulations, buried by taxes, buried by borrowing, they're being buried by the obama administration's economic failures. >> biden later tried to dig himself out. >> the middle class was buried by the policies of romney and the ryan supported. >> reporter: except for debate prep, a politics-free day for contenders. romney had lunch at chipotle. president obama paid a visit to the hoover dam. both have spent hours in debate sessions and both have challenges. aide say the president is working on keeping his answers short to not sound like professor obama. in order to win over undecided voters, romney needs to appear relatable and offer specifics on his agenda. >> he has to find something more than just discussing how bad the economy is or blaming the president for how much the economy continues to struggle. >> reporter: all the prep works come done to just 90 minutes. both candidates, one stage in a high-stakes showdown. karen travers, abc news, denver. >>> the president's campaign is dealing with an october surpris
paul ryan pounced. >> of course the middle-class has been buried, buried by regulations, buried by taxes, buried by borrowing, they're being buried by the obama administration's economic failures. >> biden later tried to dig himself out. >> the middle class was buried by the policies of romney and the ryan supported. >> reporter: except for debate prep, a politics-free day for contenders. romney had lunch at chipotle. president obama paid a visit to the hoover dam. both...
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companies that are taxed at the individual tax rate. if you raise taxes on them, they have less money to spend. and to hire people with. the best way to get a balanced budget at the federal government level is to have this economy grow so more people are working. if more people are working, more people are paying taxes. by the way, if there is competition, trying to hire people -- if there is lots of business activity, wages go up, take-home pay goes up. that's more tax revenue. by far the most powerful way to get us to a balanced budget is to grow the economy. that's why my tax plan, which is estimated to create 7 million jobs, will help us more than anything else to get to that balanced budget. >> sean: i know this was not about foreign policy last night. we have been following very closely on this program, the issue in benghazi, the death of our ambassador, the first time in 30 years, two navy seals. do you believe there is a coverup going on? >> well, sean, first, let me note my condolences and sympathy for the families of those who
companies that are taxed at the individual tax rate. if you raise taxes on them, they have less money to spend. and to hire people with. the best way to get a balanced budget at the federal government level is to have this economy grow so more people are working. if more people are working, more people are paying taxes. by the way, if there is competition, trying to hire people -- if there is lots of business activity, wages go up, take-home pay goes up. that's more tax revenue. by far the most...
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with respect to the governor plans for tax reform, he has a plan , pro-growth plan to cut taxes for the middle class because he will allow them to save and invest tax-free. unlike president obama, he has no plans to raise taxes. president obama has plans to raise taxes in this term and the next term. if he does that, he will plunge us off the fiscal cliff to another recession. this is why this choice facing the american people is critical. >> bret: when you hear the obama campaign and all the folks say, and interview after interview say we want specifics of how these loopholes will close and how you will pay for $5 trillion in tax cuts, are we going to hear it tonight? >> i think what you will hear from governor romney is the same thing we heard from president reagan in 1986. in 1986, the last time we undertook substantial tax reform, president reagan or ticklated -- articulated his principles. he laid out the broad guideline and gue him in his negotiation with congress. we did something great for the american people back then. we pushed down rates. that created economic expansion. that
with respect to the governor plans for tax reform, he has a plan , pro-growth plan to cut taxes for the middle class because he will allow them to save and invest tax-free. unlike president obama, he has no plans to raise taxes. president obama has plans to raise taxes in this term and the next term. if he does that, he will plunge us off the fiscal cliff to another recession. this is why this choice facing the american people is critical. >> bret: when you hear the obama campaign and all...
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last four years -- how in lord's name, can they justify raiding their taxes with these tax cuts? >> vice-president biden just today said that the middle class, over the last four years has been, quote, buried. we agree. that means we need to stop digging, by electing mitt romney the next president of the united states. [cheers and applause] of course, the middle clationz class has been buried, they are buried by regulations and buried by taxes and borrowing, they are being buried by the obama administration's economic failures. >> greta: so will the obama campaign take a political hit with that one, mr. speaker? it's dangerous to talk these days? >> look, it's pretty hard to take anything joe biden says seriously. but if you look at it from -- there are two parts to t. he admits that in the last four years, that's the obama years, the middle class has been buried. highest price of gasoline in the history. hits the middle class. the unemployment rate hits the middle class. the debt being piled up, hits the middle class. but then he goes on to say something which is frankly nutty.
last four years -- how in lord's name, can they justify raiding their taxes with these tax cuts? >> vice-president biden just today said that the middle class, over the last four years has been, quote, buried. we agree. that means we need to stop digging, by electing mitt romney the next president of the united states. [cheers and applause] of course, the middle clationz class has been buried, they are buried by regulations and buried by taxes and borrowing, they are being buried by the...
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the tax policy center says taxes for almost 90%, 90% will go up by average of $3,500 with increases half a trillion dollars. automatic tax increases and deep spending cuts would kick in if the country goes over the fiscal cliff. >>> that is significant. look at some numbers. just, throw out numbers look that. doesn't really, doesn't really relate. can't put your mind around it. a married couple with two kids income of $100,000 would pay more, $6,000 more. and then, if some of the child deductions, obama's payroll tax cut, isn't renewed, you won the get tax breaks for each child as well. >> stiffest increases in the history. a big deal. we got to this point because of the super committee, bipartisan committee, did not get the job done. did not come up with a deal. this is what will trigger the fiscal cliff by the end of this year. so, no matter what happens november 6th. they got to get this done before 2013 gets here. >> you got to think they're going to. >> another showdown. the tenth time. >> we need one. >> moving on this morning. another major credit card company is going to pay up t
the tax policy center says taxes for almost 90%, 90% will go up by average of $3,500 with increases half a trillion dollars. automatic tax increases and deep spending cuts would kick in if the country goes over the fiscal cliff. >>> that is significant. look at some numbers. just, throw out numbers look that. doesn't really, doesn't really relate. can't put your mind around it. a married couple with two kids income of $100,000 would pay more, $6,000 more. and then, if some of the child...
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Oct 2, 2012
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tax cut, isn't renewed, you won the get tax breaks for each child as well. >> stiffest increases in the history. a big deal. we got to this point because of the super committee, bipartisan committee, did not get the job done. did not come up with a deal. this is what will trigger the fiscal cliff by the end of this year. so, no matter what happens november 6th. they got to get this done before 2013 gets here. >> you got to think they're going to. >> another showdown. the tenth time. >> we need one. >> moving on this morning. another major credit card company is going to pay up to seattle, to settle claims of illegal practices. american express will refund $85 million to 250,000 customers out there. and amex accused of violating federal laws in marketing and billing. the company will pay million in fines. similar claims, were settled with capital one and discover. >>> well a decorated philadelphia police officer is facing brutality charges after punching a woman attending a parade. the confrontation was captured on video sunday. it is going to happen on the left side of the screen. after
tax cut, isn't renewed, you won the get tax breaks for each child as well. >> stiffest increases in the history. a big deal. we got to this point because of the super committee, bipartisan committee, did not get the job done. did not come up with a deal. this is what will trigger the fiscal cliff by the end of this year. so, no matter what happens november 6th. they got to get this done before 2013 gets here. >> you got to think they're going to. >> another showdown. the tenth...
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Oct 4, 2012
10/12
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and the atm and the tax taxes, reduce dividend and capital gains taxes. that's 6 trillion. what he's saying tonight is he's going to pay for it by closing loopholes or preferences but won't tell you which ones. maybe the chain can capitalize on that as john said earlier, but i think it does beg the question, why couldn't barack obama capitalize on that. >> rose: kathy, you wanted to say something. >> charlie i was wondering halfway through the debate whether the campaign had made a strategic decision, the likability advantage that the president has is so valuable to them that they didn't want to jeopardize that by him attacking mitt romney and coming across as unlikeable or less likeable, because you know it was astonishing that he didn't go after mitt romney. i was just talking to david -- in the room just a couple minutes ago, he made the case far more convincingly, far more aggressively and concisely for what president obama was trying to lay out the next four years than obama himself did up on the stage. i mean there was just time and again mitt romney managed to seize
and the atm and the tax taxes, reduce dividend and capital gains taxes. that's 6 trillion. what he's saying tonight is he's going to pay for it by closing loopholes or preferences but won't tell you which ones. maybe the chain can capitalize on that as john said earlier, but i think it does beg the question, why couldn't barack obama capitalize on that. >> rose: kathy, you wanted to say something. >> charlie i was wondering halfway through the debate whether the campaign had made a...
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Oct 5, 2012
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they've got to. >> low taxes, deregulation. >> where was the tax reform? let's stop right there. where was reince priebus, where's his tax reform? mitt was brilliant on lower tax rates, broadening the base. lower tax rates gives you incentives. to me that was a huge winner in the debate but i didn't hear that tonight. >> i think you also need to focus on small businesses. small businesses we know are going to be affected very badly by obama care and the obama care taxes. mitt romney made a point of talking about how small businesses file as individuals sometimes under the individual rate. so i think that reince, it would be in his best interest to really talk to these small business owners throughout the country. >> keith boykin, let's go to joe bid biden. a trillion dollar tax hike, he sounds like a good i de. 1.1 trillion deficit today. that all sounds like trickle down government, keith. big tax hikes and big deficits. >> joe biden was talking about letting the bush tax cuts expire for the wealthiest americans. and if you're serious about cutting the deficit, larry, you got to
they've got to. >> low taxes, deregulation. >> where was the tax reform? let's stop right there. where was reince priebus, where's his tax reform? mitt was brilliant on lower tax rates, broadening the base. lower tax rates gives you incentives. to me that was a huge winner in the debate but i didn't hear that tonight. >> i think you also need to focus on small businesses. small businesses we know are going to be affected very badly by obama care and the obama care taxes. mitt...
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he talks about enron, using tax accountants and tax loopholes to make money and -- and... and mistreat employees. he said, it's not the equivalent of dogs and fire hoses, but i am not saying what enron executives did is the moral equivalent, but the folks at enron feel violated. he's making a racial interpretation of what was going on at the time. >> just to put it in context, it is speech was given at the university of chicago, on martin luther king day. i went to the university of chicago. as an undergrad. they have this event every martin luther king day, it's a frank discussion about race and politics. so to me, it wasn't surprising to see president obama -- or then senator obama speak frankly about race. >> greta: how does the obama team feel today? you were on a conference call today? >> i was on the obama campaign conference call after the debate last night. look, it seemed to me that it took them 12 hours to figure out what the spin was going to be. it was a clear, decisive loss. everyone watching the debate thought that president obama lost last night. the obama c
he talks about enron, using tax accountants and tax loopholes to make money and -- and... and mistreat employees. he said, it's not the equivalent of dogs and fire hoses, but i am not saying what enron executives did is the moral equivalent, but the folks at enron feel violated. he's making a racial interpretation of what was going on at the time. >> just to put it in context, it is speech was given at the university of chicago, on martin luther king day. i went to the university of...